News

Banking
JPMorgan: Treasurers Embrace ‘Digital as a Culture’ Amid Market Disruptions
October 12, 2023

For corporate treasurers, there’s the planning — and then there are the curveballs, the unexpected events that put liquidity and cash flow management to extreme tests. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Banking
US Banks Brace for Surge in Bad Debt Write-Offs
October 11, 2023

The largest U.S. banks are reportedly bracing themselves for a surge in bad debt write-offs, the highest since the early days of the pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Fintech Investments
Goldman Sachs Sells GreenSky Platform and Loan Assets
October 11, 2023

Goldman Sachs has announced the sale of its GreenSky platform and associated loan assets to a consortium of institutional investors led by global investment firm Sixth Street. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Biometrics
Some Consumers Might Need Rewards and Discounts to Try Biometric Logins
October 11, 2023

Biometric authentication, a technology that uses unique physical or behavioral traits for identity verification, has gained popularity in recent years.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

CFPB
CFPB Says Surprise Overdraft and NSF Fees Lead to $120 Million in Refunds
October 11, 2023

Surprise overdraft and nonsufficient funds (NSF) fees account for a significant portion of the refunds to consumers by companies announced Wednesday (Oct. 11) by the Consumer Financial Protection Bureau (CFPB).  Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
RBC Capital Markets Predicts Luxury Sector Downturn
October 11, 2023

The luxury goods sector may be facing a potential downturn, according to RBC Capital Markets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

B2B Payments
Trust Matters in B2B: How Commercial Relationships Impact Payments Innovation
October 11, 2023

Businesses that trust each other, grow together.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree...

Investments
Carefull Raises $16.5 Million for Financial Safety Platform for Senior Citizens
October 11, 2023

Carefull secured $16.5 million in funding through a Series A round to grow its artificial intelligence (AI)-powered financial safety platform for senior citizens. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Klarna Unveils AI-Driven Photo Shopping Tool
October 11, 2023

Klarna has debuted an artificial intelligence (AI)-powered shopping tool with the help of OpenAI. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....